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Commercial News Media
 
 
Protection plan needed for Edinburgh offices, says Knight Frank
 
 
 
 
Edinburgh’s growing population and popularity with tourists could prove a threat to its status as a top location for businesses, according to a new report from Knight Frank. The independent commercial property consultancy’s Edinburgh 2019 report said that 720,000 sq. ft. of Grade B office space had been converted through planning for change of use.
 
 
 
Spotlight on Scotland offices from Savills
 
 
 
 
Take-up in Scotland’s core office markets (wider Aberdeen, Edinburgh city centre, Glasgow city centre) reached 619,000 sq ft during the first half of 2019, according to Savills’ latest Spotlight report. This is significantly down from the H1 five-year average of 919,000 sq ft. All three cities have seen a reduction in take-up, when compared to
 
 
 
Murphy Group eyes expansion with key acquisitions in East Kilbride
 
 
 
 
Glasgow-based commercial property firm Murphy Property is expanding its portfolio of properties, with the acquisition of an existing East Kilbride office development and construction of a new commercial trade park (Stroud Road Trade Park), thanks to a seven-figure funding package from Royal Bank of Scotland. The office development Arx House (formerly the East Kilbride Technology
 
 
 
 
 
 
 
 
 
 
 
 
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